If you have a truly great idea, you should be ready to sum it up for anyone, anytime -- and it shouldn’t take much convincing. That’s one thing the judges on the new streaming show Entrepreneur Elevator Pitch can all agree on. Each week, contestants step into the Entrepreneur Elevator and have just one minute to present their idea, product or business to a panel of experienced investors. If our experts want to learn more, the doors to the boardroom open. If not, an automated voice coos, “Going down."

Episode 5 is all about technology. From custom handbags to on-demand personal trainers, four creative entrepreneurs enter the elevator with high-tech ideas for everyday goods and services. Which innovations will pry open the boardroom doors, and which of their creators will take a ride of shame to the ground floor? Watch this week’s episode above to find out, and if you think you’ve seen the next million-dollar idea, head to Indiegogo to support it.